Ætna Casualty & Surety Co. v. Hawn Lumber Co.

JONES, Chief Justice.

The MalakofC independent school district duly entered into a written contract with C. W. McBride, as contractor, on August 1,1927, for the erection of a public school building. On August 5, 1927, in conformity with the provisions of article 5160, R. S., McBride duly executed a bond with, appellant, ¿Etna Casualty & Surety Company, as surety, in the required amount of one-half of the contract price, for the faithful performance of the terms of the contract. McBride timely began the construction of the school building, and proceeded therewith under the supervision of W. D.…